Sheets Smith Wealth Management Trims Holdings in Accenture PLC $ACN

Sheets Smith Wealth Management lowered its holdings in Accenture PLC (NYSE:ACN) by 39.8% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 11,486 shares of the information technology services provider’s stock after selling 7,589 shares during the quarter. Sheets Smith Wealth Management’s holdings in Accenture were worth $2,832,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Aprio Wealth Management LLC boosted its holdings in Accenture by 2.1% in the first quarter. Aprio Wealth Management LLC now owns 1,640 shares of the information technology services provider’s stock valued at $512,000 after acquiring an additional 33 shares in the last quarter. Texas Bank & Trust Co lifted its position in shares of Accenture by 0.4% in the 1st quarter. Texas Bank & Trust Co now owns 8,181 shares of the information technology services provider’s stock worth $2,553,000 after purchasing an additional 35 shares during the period. Norway Savings Bank boosted its stake in shares of Accenture by 0.9% during the 2nd quarter. Norway Savings Bank now owns 4,123 shares of the information technology services provider’s stock valued at $1,232,000 after purchasing an additional 36 shares in the last quarter. Firethorn Wealth Partners LLC increased its position in shares of Accenture by 4.4% during the second quarter. Firethorn Wealth Partners LLC now owns 854 shares of the information technology services provider’s stock valued at $255,000 after buying an additional 36 shares during the period. Finally, Wealthcare Advisory Partners LLC raised its stake in Accenture by 0.8% in the second quarter. Wealthcare Advisory Partners LLC now owns 4,902 shares of the information technology services provider’s stock worth $1,465,000 after buying an additional 38 shares in the last quarter. 75.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Stifel Nicolaus cut their price objective on Accenture from $355.00 to $315.00 and set a “buy” rating on the stock in a research report on Tuesday, September 16th. Robert W. Baird lowered their target price on Accenture from $350.00 to $330.00 and set an “outperform” rating for the company in a research note on Friday, September 26th. Evercore ISI restated an “outperform” rating and set a $300.00 price target on shares of Accenture in a research report on Thursday, December 18th. Rothschild Redb downgraded Accenture from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 3rd. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Accenture from $235.00 to $265.00 and gave the company a “hold” rating in a research report on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $298.29.

Accenture Trading Down 0.3%

Shares of NYSE ACN opened at $270.08 on Friday. The firm’s 50 day moving average price is $255.21 and its 200-day moving average price is $262.79. Accenture PLC has a 52-week low of $229.40 and a 52-week high of $398.35. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.41 and a current ratio of 1.41. The company has a market cap of $166.26 billion, a PE ratio of 22.32, a P/E/G ratio of 2.60 and a beta of 1.26.

Accenture (NYSE:ACN) last announced its quarterly earnings results on Thursday, December 18th. The information technology services provider reported $3.94 earnings per share for the quarter, beating the consensus estimate of $3.73 by $0.21. The company had revenue of $18.74 billion during the quarter, compared to the consensus estimate of $18.51 billion. Accenture had a net margin of 10.76% and a return on equity of 26.65%. The firm’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter last year, the firm earned $3.59 earnings per share. Accenture has set its FY 2026 guidance at 13.520-13.900 EPS. On average, equities research analysts expect that Accenture PLC will post 12.73 EPS for the current fiscal year.

Accenture Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Tuesday, January 13th will be issued a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, January 13th. Accenture’s dividend payout ratio is presently 53.88%.

Accenture News Roundup

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture agreed to acquire Cabel Industry to boost core-banking and financial-services capabilities in Italy — expands market footprint in a high-value vertical and should help cross-sell Accenture’s cloud and banking services in Europe. Accenture to Acquire Cabel Industry
• Positive Sentiment: Short interest fell materially (~16.6% month-over-month) to ~11.7M shares, lowering potential near-term downside pressure from short squeezes and signaling less bearish positioning among traders. Source: market short interest data
• Positive Sentiment: Analyst coverage remains constructive — ACN was given an average rating of “Moderate Buy” and commentators highlight Accenture’s growth profile and steady margin/earnings beats, supporting demand for the stock. Analysts Give Moderate Buy
• Positive Sentiment: Accenture is partnering with the U.S. Department of Energy on the Genesis Mission program — a strategic win that enhances its presence in public-sector and energy tech work, which can translate to longer-term contract streams. Accenture, US Dept of Energy Partner
• Neutral Sentiment: Coverage pieces and comparisons (Zacks growth case; head‑to‑head vs. Infobird and CLPS) reiterate ACN’s strengths but add little new financial information — useful for long-term conviction but less likely to move intraday price. Zacks: Strong Growth Stock
• Neutral Sentiment: Coverage of analyst Q&A from the recent Q4 earnings call highlights management commentary and investor questions — helpful for context but not signaling a material change in guidance. 5 Revealing Analyst Questions
• Negative Sentiment: Farther Finance Advisors trimmed its ACN holding by ~12.3% in Q3 (sold ~2,849 shares) — a small institutional reduction that could be read as minor profit‑taking or portfolio rebalancing, but not a broad sell signal. Farther Finance Cuts Position

Insider Activity at Accenture

In related news, insider Manish Sharma sold 6,902 shares of Accenture stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $250.01, for a total value of $1,725,569.02. Following the completion of the sale, the insider directly owned 1,860 shares in the company, valued at approximately $465,018.60. This trade represents a 78.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Julie Spellman Sweet sold 5,917 shares of the company’s stock in a transaction dated Wednesday, November 5th. The shares were sold at an average price of $246.62, for a total transaction of $1,459,250.54. Following the transaction, the chief executive officer owned 8,599 shares in the company, valued at $2,120,685.38. This represents a 40.76% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 33,319 shares of company stock valued at $8,335,225 over the last ninety days. Insiders own 0.02% of the company’s stock.

Accenture Company Profile

Accenture is a global professional services company that provides a broad range of services and solutions in strategy, consulting, digital, technology and operations. The firm works with organizations across industries to design and implement business transformation programs, deploy and manage enterprise technology, optimize operations, and develop customer and digital experiences. Its offerings encompass management and technology consulting, systems integration, application and infrastructure services, cloud migration and managed services, as well as security and analytics capabilities.

The company delivers industry- and function-specific solutions, combining consulting expertise with proprietary tools, platforms and partnerships with major technology vendors.